https://www.taxtmi.com/caselaws?id=165527 A business connection under the Indian Income-tax Act, 1922 was treated as wider than a casual contact and required continuity in the resident relationship with the non-resident's activities; on the facts, repeated commission agency transactions supported the finding and the resident was rightly treated as agent under section 43. The non-resident's death before the formal appointment order did not affect the statutory agency, because liability was linked to the business connection arising during the accounting period. The Tribunal's finding that the assessee knew of the loss of S.S. Rehmani before December 1947 was upheld because there was material on record, including surrounding circumstances and correspondence, to support that inference. en-us Tue, 25 Mar 1952 00:00:00 +0530 Thu, 31 Jul 2014 11:48:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165527 A business connection under the Indian Income-tax Act, 1922 was treated as wider than a casual contact and required continuity in the resident relationship with the non-resident's activities; on the facts, repeated commission agency transactions supported the finding and the resident was rightly treated as agent under section 43. The non-resident's death before the formal appointment order did not affect the statutory agency, because liability was linked to the business connection arising during the accounting period. The Tribunal's finding that the assessee knew of the loss of S.S. Rehmani before December 1947 was upheld because there was material on record, including surrounding circumstances and correspondence, to support that inference. Case-Laws Income Tax Tue, 25 Mar 1952 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165527